My grandparents are helping me pay my tuition as well as doing very well in highschool, so they way I see it is that I have 'free' rent and food, and my only real "personal expenses" will be beer.

THEY will do the work to find out the other relevant factors such as, junior lien holders.

Just having “physical possession” of the titles means nothing.....you’d have to have an actual executed lien on them and be listed a lien holder or have them actually signed over to you.

We think laundry in the unit is a must...the only problem is there isn't an obvious space for it, so at this point we have three options we're considering:1. put the stackable washer/dryer in the kitchen...there is enough space for it, but it would be sandwiched in near the fridge CONS: laundry may smell of food?

But in reality the most likely outcome is that the lease holder renews the lease, or the AOAO buys the lease and converts to fee simple. 

Their tenants seem to destroy carpets every tenant turn plus just nasty with pets letting them pee and poop on the carpets .... you walk up to the door you smell cat pee from 20 feet away kind of tenants and stealing everything that isn't nailed down in the building from A/Cs to washing machines, leaving garbage and food rotting in the fridge and in the apartment in general when they move out, etc.

You have the option of getting conventional mortgages in your personal name and transferring the title to an LLC or you have the option of having the LLC be both the borrower and the title holder. 

Go for the free food!

@Eli GilbertAny asset owned that has potential liability associated with it can affect the holder of legal title credit.

Starbucks, Trader Joe’s, targets, Whole Foods, corporate gyms, chain restaurants.